Indian Market

Century Textiles Unit's Bengaluru Project Hits Rs 600 Crore in Bookings Within 24 Hours

Century Textiles Unit’s Bengaluru Project Hits Rs 600 Crore in Bookings Within 24 Hours

/ Indian Market /

Birla Estates, a subsidiary of Century Textiles & Industries Limited, achieved Rs 600 crore in bookings for Phase II of its Birla Trimaya project in Bengaluru within 24 hours of launch. This follows the strong performance of Phase I, which garnered Rs 500 crore in bookings within 36 hours. Shares of Century Textiles traded at […]

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Andhra Cements Hits 10% Upper Circuit as Firm Files Draft to Raise Rs 180 Crore via Rights Issue

Andhra Cements Hits 10% Upper Circuit as Firm Files Draft to Raise Rs 180 Crore via Rights Issue

/ Indian Market /

Shares of Andhra Cements surged to a 10 percent upper circuit on October 1 after the company filed draft papers with SEBI to raise up to Rs 180 crore through a rights issue. The draft document has also been submitted to the BSE and NSE for approval. The Rights Issue Committee approved the proposal on

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M&M Shares Rise as September Sales Surge 24%, Driven by SUVs

M&M Shares Rise as September Sales Surge 24%, Driven by SUVs

/ Indian Market /

Shares of Mahindra & Mahindra (M&M) jumped nearly 2 percent to Rs 3,140 in early trade on October 1 after the company reported a 24 percent increase in vehicle sales for September, fueled by strong demand for sports utility vehicles (SUVs). M&M’s total auto sales, including exports, reached 87,839 units in September, a 24 percent

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Zen Technologies Secures Rs 46 Crore Defence Maintenance Contract

Zen Technologies Secures Rs 46 Crore Defence Maintenance Contract

/ Indian Market /

Zen Technologies Ltd has secured a five-year Annual Maintenance Contract (AMC) worth Rs 46 crore, including GST, from the Ministry of Defence, the company announced on October 1. This contract ensures the ongoing maintenance of simulators developed by Zen Technologies, reinforcing its relationship with the Ministry. In a regulatory filing, the company stated, “This AMC

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Piramal Pharma to Invest $80 Million in Expanding Sterile Injectables Facility in Kentucky

Piramal Pharma to Invest $80 Million in Expanding Sterile Injectables Facility in Kentucky

/ Indian Market /

Piramal Pharma announced on September 30 that it will invest $80 million to expand its sterile injectables facility in Lexington, Kentucky. The investment, financed through a mix of bank loans and internal funds, aims to boost the facility’s capacity to meet growing demand. Nandini Piramal, Chairperson of Piramal Pharma, highlighted the strategic significance of this

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Max Estates Shares Climb 3% on Rs 4,100-Crore Pre-Sales for Estate 360 Project

Max Estates Shares Climb 3% on Rs 4,100-Crore Pre-Sales for Estate 360 Project

/ Indian Market /

Shares of Max Estates Limited surged over 3 percent to Rs 627 in early trade on September 30 after the company reported strong pre-sales of Rs 4,100 crore for its Gurugram-based Estate 360 project, exceeding its FY25 target of Rs 4,000 crore. Max Estates also collected Rs 400 crore from the project and raised its

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Welspun Enterprises Rises 3% on Securing Rs 1,990 Crore Contract from BMC

Welspun Enterprises Rises 3% on Securing Rs 1,990 Crore Contract from BMC

/ Indian Market /

Shares of Welspun Enterprises climbed 3 percent in early trade on September 30 after the company secured a contract worth Rs 1,989.9 crore from the Brihanmumbai Municipal Corporation (BMC). At 09:20 am, the stock was trading at Rs 574.40 on the BSE, up by Rs 17.75. The contract involves designing and constructing an 8.48 km

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Syngene Plans to Triple Bio-Manufacturing Capacity by FY26, Eyes Recovery in H2FY25

Syngene Plans to Triple Bio-Manufacturing Capacity by FY26, Eyes Recovery in H2FY25

/ Indian Market /

Syngene International is optimistic about a recovery in the second half of FY25, as it aims to balance its research-to-manufacturing ratio from 60:40 to 50:50, focusing on stronger growth in manufacturing. The company also plans to triple its bio-manufacturing capacity by FY26. Shares of Syngene closed almost 1% higher at Rs 888, up 25% in

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Kaynes Tech Acquires Iskraemeco India for Rs 43 Crore to Enhance Energy Solutions Portfolio

Kaynes Tech Acquires Iskraemeco India for Rs 43 Crore to Enhance Energy Solutions Portfolio

/ Indian Market /

Kaynes Technology has acquired 100% ownership of smart meter company Iskraemeco India, previously held by Iskraemeco Switzerland A.G. and Iskraemeco Merjenje, for Rs 43 crore. This acquisition strengthens Kaynes Tech’s portfolio in energy management solutions, expanding its product and service offerings. Iskraemeco India is engaged in supplying, installing, operating and maintaining smart meters. The company

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